Seller's Agent in 2023
Kim Hamer
OCEAN ATLANTIC SOTHEBYS
(302) 745-9914
16 in this area
284 Total Sales
12 Vandyke St Unit 3 Dewey Beach, DE 19971
Estimated Value: $1,212,000 - $1,737,000
4
Beds
3.5
Baths
2,000
Sq Ft
$789/Sq Ft
Est. Value
Highlights
- Ocean View
- Water Oriented
- Open Floorplan
- Rehoboth Elementary School Rated A
- Building is oceanfront but unit may not have water views
- 3-minute walk to Delaware Seashore State Park
About This Home
As of February 2023OCEAN 5 - ocean block townhouse in Dewey Beach! Rare opportunity for a totally renovated townhouse that is fee simple with no condo fees! This home has been freshly painted inside and out and features rooftop solar panels for low electric bills. In addition, kitchen and baths have been updated, new flooring installed, new fireplace, and new furniture, artwork, and decor. Great rental and even more rental potential now after renovation and new furnishings! Rental projections over 100K! Ground level entry from the front features a beautifully landscaped patio with access to an outdoor shower and locked outdoor storage closet. You enter into a large bedroom that shares a full bathroom with the back bedroom. Back bedroom also has access door from the rear of home where the two assigned parking spots are located. The second level features a renovated kitchen with new cabinetry and granite counters, tile floors and open to dining room with tile floors. The great room is located off the dining room and features hardwood floors, a new gas fireplace, and sliders out to a large deck. The top level features two owners suites with private bathrooms and decks. The front owner's suite has a deck with views of the ocean, walk-in closet, bathroom with tile shower, and wet bar. The back owner's suite has a private deck, two closets, and bathroom with tile shower. This home features solar panels for low electric bills! Walk the half of a block to the ocean for a dip, sunbathing, bird watching, and more! Dewey Beach is dog friendly when the lifeguards are not on duty. This is a guarded beach with easy access to volleyball courts, chair and umbrella rentals, and snack stand! Walk to area restaurants, bars, grocery store, & more! Start living the Dewey Beach Way of Life today! Take the video tour!
Last Agent to Sell the Property
Monument Sotheby's International Realty License #RS-0013968 Listed on: 01/08/2023
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,264
Year Built
- Built in 1984 | Remodeled in 2022
Lot Details
- 2,178 Sq Ft Lot
- Lot Dimensions are 19.00 x 125.00
- Building is oceanfront but unit may not have water views
- Partially Fenced Property
- Landscaped
Home Design
- Coastal Architecture
- Architectural Shingle Roof
- Wood Siding
- Stick Built Home
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Furnished
- Built-In Features
- Bar
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Window Treatments
- Great Room
- Dining Room
- Ocean Views
- Crawl Space
Kitchen
- Eat-In Kitchen
- Built-In Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Flooring
- Engineered Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Parking Spaces
- 2 Assigned Parking Spaces
Outdoor Features
- Outdoor Shower
- Water Oriented
- Property is near an ocean
- Deck
- Patio
- Porch
Location
- Flood Risk
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 334-23.06-45.02
Community Details
Overview
- No Home Owners Association
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 8, 2023
Closed on
Feb 9, 2023
Sold by
3 Ocean Five Llc
Bought by
Calla Family Trust
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
JEANMARIE CLAVIER
Jack Lingo Inc. Realtor
List Price
$1,400,000
Sold Price
$1,400,000
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,750
Avg. Annual Appreciation
5.08%
Original Mortgage
$726,200
Outstanding Balance
$702,383
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$881,418
Purchase Details
Closed on
Nov 9, 2018
Sold by
3 Ocean 5 Llc
Bought by
3 Ocean 5 Llc
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Calla Family Trust | $1,400,000 | -- | |
| 3 Ocean 5 Llc | -- | -- | |
| Phillips Julie | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Calla Family Trust | $726,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/17/2023 02/17/23 | Sold | $1,400,000 | 0.0% | $700 / Sq Ft |
| 01/08/2023 01/08/23 | For Sale | $1,400,000 | -- | $700 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,537 | $45,000 | $3,800 | $41,200 |
| 2023 | $2,535 | $45,000 | $3,800 | $41,200 |
| 2022 | $2,457 | $45,000 | $3,800 | $41,200 |
| 2021 | $2,438 | $45,000 | $3,800 | $41,200 |
| 2020 | $2,430 | $45,000 | $3,800 | $41,200 |
| 2019 | $2,412 | $45,000 | $3,800 | $41,200 |
| 2018 | $1,976 | $45,000 | $0 | $0 |
| 2017 | $1,892 | $45,000 | $0 | $0 |
| 2016 | $1,826 | $45,000 | $0 | $0 |
| 2015 | $1,746 | $45,000 | $0 | $0 |
| 2014 | $1,733 | $45,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2023
JEANMARIE CLAVIER
Jack Lingo Inc. Realtor
(302) 242-7533
2 in this area
28 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2031338
APN: 334-23.06-45.02
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